US-INDIAN NEGOTIATIONS RE THORIUM NITRATE

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP69-00642R000100190017-5
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 1
• Document Creation Date: December 9, 2016
• Document Release Date: July 11, 2000
• Sequence Number: 17
• Publication Date: January 26, 1954
• Content Type: REPORT

Approved For Releas6Z. : CIA-RDP69-00 4 R000100190017-5
lQ CIA XYMI, ONLY
26 January 1954
re thor ,o ', ,
US-- IM MMIJAURM
Diversions to the Soviet Bloc of thorium compounds of Indian
origin (as in thel'blyohemia case) will be prevented if current
negotiations between the United States and India are successfully
concluded. A suammry
setting forth the present status of these negotiations is contained
below.
The United States and India are presently negotiating an agree-
ment whereby India is to make available to the United States for a
two-year period Its exportable surplus of thorium bearing materials
in the form of thorium nitrate.
The signatory on behalf of the United States will be the General
Services Administration. GSA in turn will be acting for the Atomic
Energy Commission, which, will take over the materials at a US port.
-Bemuse of unspecified difficulties, the AFB is reluctant to enter
into a direct contract with India,,
GSA is to undertake to purchase up to 230 tons of thorium
nitrate during the two-year period, a figure derived by adding present
available stocks to estimated production, and India is to undertake
not to increase present and presently planned production. India is
to receive $3.50 per pound delivered. Now York which is to be paid as
follows. The officially agreed price, payable out of 1% funds, will
be $2.20. A supplemental exchange of letters will provide that the
difference, or premium, of $1.30 will be covered by a technical
assistance grant for scientific and iziustrial research. This amount
($6699760 for 230 long tons), however, will be financed from other
funds and will not decrease the amounts otherwise available to India
for economic and technical aid.
State Dept. declassification & release instructions on file
Approved For Release 2001/08/15 : CIA-RDP69-00642R000100190017-5